"One cardinal mistake no small state should make is to put all its eggs into one basket, even a basket as strong as the US. Despite its huge influence, Israel cannot change the shifting geopolitical tides. America’s power has peaked: its economy will not shrink in absolute terms but it will shrink irresistibly in relative terms. This would have happened naturally but gradually. But the continuing economic crises in the US will hasten the decline in America’s influence. Shrinking budgets will cut defence and aid expenditures. A crippled economic giant with no rockets to launch its astronauts into outer space will lose its “mystique”. Countries will no longer hesitate to vote against American preferences."
January 1, 1970
https://en.wikiquote.org/wiki/Kishore_Mahbubani